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But the company took a credit loss provision in the fourth quarter, deciding to add to its reserves because of new mortgage acquisitions to its portfolio.
February 13
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A series of moves aimed at deleveraging its balance sheet led to the loss, but the bottom line improved markedly over 2023.
February 13
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Federal Reserve Chair Jerome Powell said insurance companies and banks are already pulling out of disaster-prone areas, which could pose problems.
February 12
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The company more than doubled results over comparable periods and exceeded estimates due to stronger economies of scale and valuation adjustments in its favor.
February 12
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The MBA disclosed the year-end rankings of income-producing mortgage servicers at its yearly conference for this part of the industry.
February 11
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Experts said the government-sponsored enterprises could change their tack on some of the innovation seen since the pandemic in loss mitigation, lending and technology.
February 10
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With President Donald Trump's tariff threats turning into reality and the Federal Reserve likely to hold off on cutting rates, credit investors are continuing to bet on shorter-duration bonds.
February 7
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"Anything that is done around a safe and sound release is going to hinge on the effect of long-term mortgage rates," Bessent said.
February 7
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On a GAAP basis, Intercontinental Exchange's mortgage business has lost money for nine quarters, but a metric that includes Black Knight makes it profitable.
February 6
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The mortgage arm of Rithm Capital saw profits surge in the fourth quarter, as the parent company looks to scale up before making any moves to separate.
February 6
